Stocks rose slightly on Friday after Treasury Secretary Janet Yellen said a large Covid-19 relief package is needed for a full recovery in the U.S.The Dow Jones Industrial Average rose 65 points, a gain of about 0.2%. The S&P 500 was flat while the Nasdaq Composite rose of 0.2%. Cyclical stocks posted some of the strongest gains with the industrials, materials and financials sectors up 1.6%, 1.3% and 1%, respectively. Utilities and consumer staples stocks were among the biggest laggards.Applied Materials, which makes the equipment used to manufacture semiconductors, gave a better-than-expected second-quarter forecast after the bell Thursday. The shares gained 6.6% Friday. Other …
